Business Standard

Recovery tracker: Higher power generation, improved freight numbers

Power generation gap widened over 2019

India’s government and its central bank acted in tandem this month to counter price pressures, with steps such as tax cuts and a surprise increase in borrowing costs. (Photo: Bloomberg)
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Sachin P MampattaKrishna Kant Mumbai
There were signs of more people moving around in the latest week.

Retail and recreation visits were 10.1 per cent higher than it was before Covid-19 took hold, showed mobility data from search engine Google. It uses anonymised location data to track how people are moving during the pandemic. Shopping for essentials and workplace visits also saw a rise (<see chart 1>).

The gap in vehicle registrations compared to 2019 narrowed in the latest week. There were around 348,000 registrations. This is 11.2 per cent lower than in 2019. The previous week had a 12.8 per cent gap over 2019

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